Hi Taikos,
Would like to know.
My 2 year-old JMB had been holding on to the audited report of 2023 despite numerous attempts since middle of last year. The reason given was the report wasn't ready.
They have since released the 2023 report 2 weeks ago, only because that the first AGM will commence in middle of June. They have claimed that the strata perfection has not reached 25% until we hard pressed for proof of who has not done the perfection.
So the question is, how is it even possible to have the mandatory submission of audited financial report done almost 1.5 years passed the submission date?
Who is going to bear the penalty? The JMB with the resident's fund, the developer or proxy management company?
JMB Failed in submitting 2023 Audited Report, How is this legal?
May 30 2025, 02:06 PM, updated 6 months ago
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